54-58 Van Riper Street, Staten Island, NY 10302 (MLS# 2602257)
Listing Courtesy of Martino Realty Group
$1,299,900
Staten Island, NY 10302
MLS# 2602257
Status: Pending
12 beds | 4 baths | 3472 sqft
|

1 / 65
Property Description
Prime Four-Unit Investment with Expansion Potential - Port Richmond, Staten Island Rare opportunity to acquire two detached two-family buildings on an oversized 88 x 101 lot in the highly accessible Port Richmond section of Staten Island. Ideally positioned near major shopping corridors, public transportation, and key highway and bridge access points, this property is well-suited for both immediate cash flow and long-term value creation. Each building features two spacious five-room apartments, currently configured as 2-bedroom units with the potential for 3-bedroom layouts. Additional value is supported by full basements and walk-up attics, offering storage or future conversion possibilities. Projected gross annual income ranges from approximately 127,200 to 168,000, with estimated net income between 104,841 and 145,741 depending on final unit configuration—delivering an attractive projected cap rate between 7 and 10. Situated on a C2-1, R3-2, and R3A zoned lot, this property presents a compelling opportunity for expansion or redevelopment. With proper architectural planning, investors may unlock additional unit density and significantly increase overall returns. Property is being sold as-is and will be delivered fully vacant at closing, providing a clean slate for repositioning, renovation, or redevelopment.
Details
Maps
Documents
AddressLegal
Street No.: 54-58
Street Name: Van Riper
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10302
Area Name: Port Richmond
Parcel ID: 01140 - 76, 79
ContractLocation Information
Status: Pending
Marketing/Listing Date: 2026-05-05
List Price: $1,299,900
Current Price: $1,299,900
Sub-Type: Quadruplex
Zoning: C2-1-R3A
Block: 01140
Lot: 0076
General Property Info
Stories: 2
Bedrooms: 12
Full Baths: 4
Total Baths: 4
Year Built: 1930
Year Built Info: Approx
Taxes: 10259
Tax Abated: No
Lot Size SqFt: 8888
Lot Dim: 88x101
Irregular: No
Building SqFt: 3472
Pool Y/N: No
No. of Heating Units: 5
Air Conditioner: Units
# of A/C Units: 2
Public Remarks: Prime Four-Unit Investment with Expansion Potential - Port Richmond, Staten Island Rare opportunity to acquire two detached two-family buildings on an oversized 88 x 101 lot in the highly accessible Port Richmond section of Staten Island. Ideally positioned near major shopping corridors, public transportation, and key highway and bridge access points, this property is well-suited for both immediate cash flow and long-term value creation. Each building features two spacious five-room apartments, currently configured as 2-bedroom units with the potential for 3-bedroom layouts. Additional value is supported by full basements and walk-up attics, offering storage or future conversion possibilities. Projected gross annual income ranges from approximately 127,200 to 168,000, with estimated net income between 104,841 and 145,741 depending on final unit configuration—delivering an attractive projected cap rate between 7 and 10. Situated on a C2-1, R3-2, and R3A zoned lot, this property presents a compelling opportunity for expansion or redevelopment. With proper architectural planning, investors may unlock additional unit density and significantly increase overall returns. Property is being sold as-is and will be delivered fully vacant at closing, providing a clean slate for repositioning, renovation, or redevelopment.
HOA YN: No
Status Change Info
Pending Date: 2026-05-28
Projected Close Date: 2026-07-28
Unit 1
Unit 1 - Basement Unit YN: Yes
Unit 1 - Rent/Month: 2600
Unit 1 Leased?: No
Unit 1 - # Rooms: 5
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 1
Unit 1 - Full Baths: 1
Unit 1 - Remarks: Using 3rd bedroom as a dining room
Unit 2
Unit 2 - Basement Unit YN: No
Unit 2 - Level: 2
Unit 2 - Rent/Month: 2500
Unit 2 Leased?: No
Unit 2 - # Rooms: 5
Unit 2 - # Bedrooms: 3
Unit 2 - # Baths: 1
Unit 2 - Full Baths: 1
Unit 3
Unit 3 - Basement Unit YN: Yes
Unit 3 - Rent/Month: 2500
Unit 3 Leased?: No
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 3
Unit 3 - # Baths: 1
Unit 3 - Full Baths: 1
Unit 4
Unit 4 - Basement Unit YN: No
Unit 4 - Level: 2
Unit 4 - Rent/Month: 2500
Unit 4 Leased?: No
Unit 4 - # Rooms: 5
Unit 4 - # Bedrooms: 3
Unit 4 - # Baths: 1
Unit 4 - Full Baths: 1
Appliances
Total # Ranges: 4
Property Features
Unit 1: Unit 1 - Stove
Unit 2: Unit 2 - Stove
Unit 3: Unit 3 - Stove
Unit 4: Unit 4 - Stove
Kitchen: Eat In
Electric Meters: Individual
Living Room: Combination
Architectural Style: Colonial
Levels: Two
Structure Type: Duplex
Gas Meters: Individual
Main Bath: Full Bath
Sewer: Public Sewer
Electric: 110
Basement: Full; Unfinished
Parking: Off Street; On Street
Garage Location: None
Yard: Back Yard; Front Yard; Side
Fencing: Back Yard; Chain Link
Siding: Stucco
Heat Source: Natural Gas
Heat System: Hot Water
Property Condition: Good
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Lead Based Paint Disclosure